US Bancorp DE Acquires 59,931 Shares of Schwab 1000 Index ETF $SCHK

US Bancorp DE lifted its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 38.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 217,159 shares of the company’s stock after buying an additional 59,931 shares during the period. US Bancorp DE owned about 0.15% of Schwab 1000 Index ETF worth $6,476,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sound Income Strategies LLC bought a new stake in shares of Schwab 1000 Index ETF in the 1st quarter worth about $27,000. Costello Asset Management INC increased its holdings in shares of Schwab 1000 Index ETF by 120.3% in the 1st quarter. Costello Asset Management INC now owns 1,577 shares of the company’s stock worth $42,000 after buying an additional 861 shares during the last quarter. Pinnacle Financial Partners Inc boosted its stake in shares of Schwab 1000 Index ETF by 100.0% during the 1st quarter. Pinnacle Financial Partners Inc now owns 2,000 shares of the company’s stock worth $57,000 after purchasing an additional 1,000 shares during the period. National Bank of Canada FI purchased a new position in shares of Schwab 1000 Index ETF during the 1st quarter worth about $69,000. Finally, Arlington Trust Co LLC purchased a new position in shares of Schwab 1000 Index ETF during the 1st quarter worth about $83,000.

Schwab 1000 Index ETF Trading Down 2.7%

SCHK stock opened at $31.49 on Monday. Schwab 1000 Index ETF has a 12 month low of $23.18 and a 12 month high of $32.51. The company has a 50-day moving average price of $31.47 and a 200 day moving average price of $29.33. The stock has a market cap of $4.60 billion, a PE ratio of 25.42 and a beta of 1.02.

About Schwab 1000 Index ETF

The Schwab 1000 Index ETF (SCHK) is an exchange-traded fund that is based on the S&P Schwab 1000 index, a proprietary market-cap-weighted index that includes 1,000 of the largest US-listed stocks. SCHK was launched on Oct 11, 2017 and is managed by Charles Schwab.